My main interest in writing this Blog is to discuss Active Options Strategies that can generate Monthly Income. I only target 10% of my portfolio to active options strategies – this percentage varies based on Market conditions for such trades, but stays in the 10% to 15% range. Options trading has large potential rewards, but also large potential risk. I have found that Options trading done intelligently, can be a useful Diversification Tool – mixed with the more conservative approaches in my portfolio.
Besides discussing potential options trades in my Blog – I also list my trading account stock positions in the Sidebar.
I did not set this site up as an educational resource – if you are new to trading options – I would highly suggest starting with a good book. I personally recommend the following:
- Best Book for Options Trading – Beginner: Options Math for Traders by Scott Nations
- Best Book for Options Trading – Intermediate: Think Like an Option Trader by Michael Benklifa
There are also many free websites with great information – here are a few:
- Investopedia – Options Basics Tutorial
- The Motley Fool – Options: A Foolish Introduction
- The Options Playbook – Introduction
Please feel free to leave remarks regarding any subject you may have questions about, or would like to see addressed in future Blog posts.
Thanks for visiting,
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